By September 26, 2016 0 Comments Read More →

Krewe Energy Acquires Coquille Bay Field

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NEWS RELEASE
FOR IMMEDIATE RELEASE
KREWE ENERGY ACQUIRES COQUILLE BAY FIELD

Covington, Louisiana—(Business Wire)—September 22, 2016— Krewe Energy, LLC, (“Krewe
Energy”) a privately held independent oil and gas exploration and production company based in
Covington, Louisiana, announced today that it recently completed the acquisition of 100% of a
Private Owner’s interest in and Operatorship of the Coquille Bay Field located in Plaquemines
Parish, Louisiana.

The Coquille Bay Field is a vintage South Louisiana property which has been actively producing
since the early 1950’s. The field is now being operated by Krewe Energy’s operating subsidiary,
S2 Energy Operating, and efforts are currently underway to further optimize and increase
production rates in the field. With this acquisition, Krewe Energy has meaningfully increased its
daily oil production rate and achieved a sizeable step forward towards its goal of doubling the
Company’s production rate by midyear 2017. In addition, the Coquille Bay Field offers Krewe
Energy some unique synergies with the Company’s existing operations in their nearby Breton
Sound 32 Field.

Krewe Energy continues to focus on the growth and further development of its existing asset
base while also seeking additional acquisitions of mature assets within its core operating area of
the Gulf Coast – South Louisiana oil and gas trend.

About Krewe Energy, LLC
Krewe Energy was formed in 2013 by its founders, Tom De Brock and Barry Salsbury, in
partnership with Houston, Texas-based Sage Road Capital. Based in Covington, Louisiana,
Krewe Energy engages in the acquisition, exploitation and development of oil and gas assets,
with a specific focus on conventional production opportunities in South Louisiana.

For more information on the Company, please visit www.krewe-energy.com.

Contact:
Krewe Energy, LLC
Susan Meaux
Phone: 985-898-4912 x103
Email: Susan@krewe-energy.com

Posted in: Press Releases

About the Author:

The Louisiana Oil & Gas Association (known before 2006 as LIOGA) was organized in 1992 to represent the Independent and service sectors of the oil and gas industry in Louisiana; this representation includes exploration, production and oilfield services. Our primary goal is to provide our industry with a working environment that will enhance the industry. LOGA services its membership by creating incentives for Louisiana’s oil & gas industry, warding off tax increases, changing existing burdensome regulations, and educating the public and government of the importance of the oil and gas industry in the state of Louisiana.

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